Business News
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CLEARLAKE – Middletown residents have access to a full range of family medical care and women’s health care now that Kimberly Fordham, MD, is seeing patients full-time at the Adventist Health Middletown Clinic.
“We are pleased to have Dr. Fordham in Middletown permanently to provide comprehensive care to families, from preventive health to maternity services,” said Ilona Horton, director of Redbud Community Hospital’s rural health clinic system.
Dr. Fordham is a board-certified family practice physician with fellowship training in obstetrics and gynecology office procedures.
For the past four years Dr. Fordham has practiced at the Redbud Family Health Center in Clearlake and worked part-time at the Middletown Clinic.
Dr. Fordham received her medical degree from Albany Medical College, Albany, New York, and completed her residency in family practice at Beverly Hospital, Beverly, Massachusetts. She completed a maternity fellowship at California Hospital Medical Center in Los Angeles.
“We are excited and extremely pleased that she will now expand her practice at the Middletown clinic to full-time.” Dr. Fordham succeeds Stephen Sprague, MD, who cared for patients at the Middletown Clinic for the past 8 years.
Dr. Fordham is a resident of Lake County. Her office number is 987-3311.
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- Written by: Lake County News Reports
“It seems like sales are dropping like a rock,” said Phil Smoley, owner broker of CPS Country Air Properties. “But like a bungee chord, the farther it drops the harder and faster it will rebound.”
There is no way to know how long this trend will continue. Some markets in the country have bottomed out, others are still plummeting. All indications in Lake County show that prices may have bottomed out however savvy buyers are taking advantage of the low prices while they can before prices go back up.
"Sales continue to be dragged down by the ongoing effects of both the credit/liquidity crunch and tighter underwriting standards that have reduced the pool of qualified buyers who can obtain a loan," said California Association of Realtors (CAR) President William E. Brown.
"It is crucial that FHA reform legislation currently under consideration by Congress includes higher loan limits for high-cost states like California," he said. "The proposed legislation also includes a reduction in the down payment requirement for FHA loans and will include condominiums in the FHA single-family program, which will make it easier for buyers in the condominium market to qualify for loans."
Closed escrow sales of homes in Lake County totaled 33 in March according to the MLS. Countywide home sales activity decreased 51.5 percent from March 2007.
The median price of a home in Lake County during March 2008 was $225,000, a 23.2-percent decrease from the revised $293,000 median for March 2007, the MLS reported. The March 2008 median price increased 4.8 percent compared with February’s $220,000 median price.
"The Federal Reserve Bank’s recent action to reduce the federal funds rate will have little near-term direct effect on the housing market," said CAR Vice President and Chief Economist Leslie Appleton-Young. "However, Fed rate cuts should result in more favorable real estate finance rates as we move through the year."
Highlights of Lake County’s housing figures for March 2008:
Lake County’s Unsold Inventory Index for homes in March 2008 was 31.9 months, compared with 17.4 months for the same period a year ago. The index indicates the number of months needed to deplete the supply of homes on the market at the current sales rate.
Thirty-year fixed-mortgage interest rates averaged 5.85 percent during March 2008, compared with 6.29 percent in March 2007, according to Freddie Mac. Adjustable-mortgage interest rates averaged 5.24 percent in March 2008, compared with 5.51 percent in March 2007.
The average number of days it took to sell a single-family home was 165 days in March 2008, compared with 153 for the same period a year ago.
Ray Perry is a Realtor with CPS Country Air Properties, telephone 277-8000.
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Coverage on the nation's most reliable wireless high-speed broadband network now extends to:
Lake County including Clearlake, Lakeport and Middletown.
Mendocino County including Ukiah, Willits, Laytonville, Fort Bragg and Hopland.
Sonoma County North of Healdsburg including Geyserville, Cloverdale and Sea Ranch.
In addition to these areas, BroadbandAccess coverage in Northern California includes the following counties: Alameda, Butte, Calaveras, Contra Costa, Del Norte, El Dorado, Fresno, Glenn, Humboldt, Kern, Kings, Lake, Lassen, Madera, Marin, Merced, Monterey, Napa, Nevada, Placer, Sacramento, San Benito, San Francisco, San Joaquin, San Mateo, Santa Clara, Santa Cruz, Shasta, Solano, Sonoma, Stanislaus, Sutter, Tehama, Tulare, Yolo and Yuba.
Based on CDMA 1x Evolution-Data Optimized (EV-DO) Revision A (Rev. A) technology, the expanded wireless broadband network provides Verizon Wireless customers with data uplink speeds significantly faster than the company's award-winning national EV-DO network, which the company first launched in Northern California in June 2006.
"Our broadband network expansion has something for everyone on-the-go," said Rich Garwood, regional president of Verizon Wireless. "BroadbandAccess lets our business customers experience a truly untethered mobile office experience with remote access to corporate data on their laptops and e-mail on their PDAs. With V CAST, consumers can enjoy a comprehensive selection of downloadable music, high-quality videos and exciting 3D games."
BroadbandAccess: The wireless data solution
The company's flagship business data service, BroadbandAccess, provides average download speeds of 600 kilobits per second (kbps) to 1.4 megabits and average upload speeds of 500-800 kbps. This means customers with Rev. A-compatible devices can download a 1 Megabyte e-mail attachment – the equivalent of a small PowerPoint presentation or a large PDF file – in about eight seconds and upload the same-sized file in less than 13 seconds.
Verizon Wireless offers several BroadbandAccess devices for the company's wireless broadband network. These devices are fully compatible with the company's NationalAccess network (based on CDMA 1xRTT technology), giving customers the ability to remain connected if they travel outside of the wireless broadband coverage area.
V CAST: Video, Music, 3D games
The company's high-speed network also enables its V CAST multimedia services, offering customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips on breaking news, sports and entertainment straight to their phones. Content is updated daily.
Coverage
Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States. Today, its entire nationwide wireless broadband network has been enhanced to Rev. A technology.
For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com.
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